Wednesday 3 August 2022 11:37 PM Sinema breaks silence and urges CHANGES to $740billion Inflation Reduction Act trends now

Democratic Sen. Kyrsten Sinema is finally airing her concerns Democratic colleague Joe Manchin's plan reached with Senate Majority Leader Charles Schumer to raise  $739 billion in revenue. 

The deal, which would include $433 billion in government spending on climate and health programs, would finally give President Biden and Democrats a major policy win, in a week when Biden announced the US took out Osama Bin Laden's Number Two Ayman al-Zawahiri.

Sinema has been silent since Manchin announced the deal this week – and the White House has refused to divulge what contact, if any, Biden has had with the Arizona senator, who has infuriated Democratic colleagues and who is up for reelection in 2024.

Sinema 'wants to nix language narrowing the so-called carried interest loophole, which would change the way some investment income is taxed,' Politico reported.

The asks would represent a stunning $19 billion in changes and reflect Sinema's leverage, but are still dwarfed by the overall size of the package. 

Sinema has long raised concerns about the tax provision, a priority for Biden that Manchin said was important to his support for a deal after months of negotiations.

The provision brings in about $14 billion, with funds going to climate change and other initiatives. 

Sinema is also seeking about $5 billion in drought resiliency funds, which would benefit her parched state. The report cited sources familiar with her concerns, although her office didn't comment.

Sinema has spent days avoiding reporters' questions about whether she would back the Manchin-Schumer deal, even as the White House got behind it and even progressive Democrats embraced it.

The measure is dramatically scaled back from Biden's original Build Back Better agenda.